Based in Sao Paulo, Brazil. HDA makes hydraulic filters and accessories typically used in the mobile equipment, industrial and agriculture markets. HDA has annual sales of approximately US$10 million and employs 88 people.
“This acquisition will allow us to establish a presence in the local hydraulic filter market and offers us a new distribution channel that can complement Parker’s existing distributor network throughout the region,” said Ricardo Machado, president of Parker’s Latin America Group. “In addition, HDA enjoys a good reputation in the market and helps us achieve our goal of broadening our offering of products to these critical end markets.”